News Coverage
Capital Impact Partners, one of the Momentus Capital branded family of companies, receives regular media coverage for its work to transform how capital and investments flow into communities to provide people access to the capital and opportunities they deserve.
That coverage, compiled on this page, includes our efforts with local leaders and key organizations to deliver critical social services, helping diverse developers grow their businesses, and other important programs and initiatives.
If you are a member of the media and have a press inquiry, please reach out to David Greisman at dgreisman@capitalimpact.org.
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Q&A with Capital Impact’s CFO Ellis Carr
October 2015
In the fall of 2015, Capital Impact’s Ellis Carr was elected to the board of directors for the Opportunity Finance Network, the organization charged with advocating for Community Development Financial Institutions across the country. In this Q&A by CDFI Connect, Carr talks about his passion for community development and his vision for the industry, including the need to develop the next generation of leaders, expand equity and diversity, promote policy reform and raise the brand of the CDFI sector.
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A Rational Way to Weigh Affordable Housing
October 2015
Inclusionary growth is critical to Capital Impact’s mission to build strong, vibrant communities. That pathway, however, can be complicated. This Dallas Observer article highlights how a new calculator developed through the Capital Impact-managed Cornerstone Partnership can help cities see “precisely where and when and how the inclusion of affordable units would affect the economic viability of any project.” Such knowledge can create win-win scenarios for residents, developers, and cities.
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New Investment Initiative Launches to Create Age-Friendly Communities
October 2015
When Capital Impact joined with the AARP Foundation and Calvert Foundation, a first-of-its-kind investment initiative was launched to help create age-friendly communities for low-income individuals 50 and older. This Chronicle of Philanthropy article features the ability for individual investors and project developers to unite their efforts to create more access to the critical services our aging population needs while also making a return on their investment.
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Op-ed: Michigan Deserves a Better Food Future
Terry Simonette, La June Montgomery Tabron, Oran B. Hesterman, and Rich Pirog
June 2015
Though food and agriculture contribute $100 billion annually to Michigan’s economy, too many of its low-income and rural residents lack reliable access to healthy food. Solving this issues requires investment in those enterprises that grow, distribute and sell fresh and healthy food so it reaches those most in need. Capital Impact’s CEO Terry Simonette joins with the CEO’s of the Fair Food Network, W.K. Kellogg Foundation and the Michigan State University Center for Regional Food System in a joint Op-Ed explaining how our Michigan Good Food Fund does exactly that.
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JPMorgan Chase says $34M already committed to Detroit
May 2015
One year after JPMorgan Chase committed $100 million in Detroit – including $30 million to help Capital Impact launch the Detroit Neighborhood Fund – the Detroit News took a look at what has been accomplished. The answer is quite a lot. With deals including Rainer Court, Willys Overland, Granada Apartments, and the Shoppes at Woodward, our innovative partnership is helping to revitalize the city and ensure that its growth is inclusive of people from all income levels.
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Building Better Nursing Homes
April 2015
When Barry Berman, who had run assisted living and nursing complexes for 23 years, sought to build a better nursing facility for his own mother, he turned to our Green House Project model for inspiration. Green House homes provide dignified elder care in a homelike setting while still remaining accessible to low-income residents. This in-depth piece examines Mr. Berman’s partnership with our Green House team to fulfill his vision and build the Leonard Florence Center for Living in Massachusetts.
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